Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors.

Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M](https://cointelegraph.com/news/bankrupt-crypto-hedge-fund-3ac-s-nft-auction-fetches-2-5m))
Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors.